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Bitcoin Stable At ,000, HBAR Top Gainer For 2nd Consecutive Day

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Bitcoin Stable At $91,000, HBAR Top Gainer For 2nd Consecutive Day

by India News Online Team
November 19, 2024
in Health
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Bitcoin Stable At ,000, HBAR Top Gainer For 2nd Consecutive Day
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Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to remain stable within the $91,000 range early Tuesday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw notable gains across the board as the overall Market Fear & Greed Index stood at 83 (Extreme Greed) out of 100, as per CoinMarketCap data. Hedera (HBAR) remained the biggest gainer for the second consecutive day, with a 24-hour jump of over 44 percent. Goatseus Maximus (GOAT) became the biggest loser, with a 24-hour loss of nearly 12 percent. 

The global crypto market cap stood at $3.08 trillion at the time of writing, registering a 24-hour jump of 0.96 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $91,640.21, registering a 24-hour gain of 0.93 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 77.24 lakh.

Ethereum (ETH) Price Today

ETH price stood at $3,131.16, marking a 24-hour gain of 0.50 percent at the time of writing. Ethereum price in India stood at Rs 2.64 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour jump of 4.93 percent, as per CoinMarketCap data, currently priced at $0.3878. Dogecoin price in India stood at Rs 31.57.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour loss of 4.85 percent. At the time of writing, it was trading at $88.75. LTC price in India stood at Rs 7,869.61.

Ripple (XRP) Price Today

XRP price stood at $1.11, seeing a 24-hour loss of 3.10 percent. Ripple price in India stood at Rs 97.57.

Solana (SOL) Price Today

Solana price stood at $240.84, marking a 24-hour dip of 1.16 percent. SOL price in India stood at Rs 20,332.55. 

Top Crypto Gainers Today (November 19)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

Hedera (HBAR)

Price: $0.1519
24-hour gain: 44.05 percent

Tezos (XTZ)

Price: $1.08
24-hour gain: 30.05 percent

Akash Network (AKT)

Price: $4.18
24-hour gain: 24.38 percent

Kaia (KAIA)

Price: $0.1485
24-hour gain: 11.78 percent

Kaspa (KAS)

Price: $0.1757
24-hour gain: 11.76 percent

Top Crypto Losers Today (November 19)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Goatseus Maximus (GOAT)

Price: $1.06
24-hour loss: 11.96 percent

Peanut The Squirrel (PNUT)

Price: $1.54
24-hour loss: 11.31 percent

Mantra (OM)

Price: $3.90
24-hour loss: 9.68 percent

Cronos (CRO)

Price: $0.1665
24-hour loss: 6.42 percent

Cat in a dogs world (MEW)

Price: $0.01126
24-hour loss: 6.33 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin continues to trade within a range of $89,000 to $92,000 as the market looks for a catalyst. With news that Bitcoin ETF Options could start trading soon, investors are waiting for a confirmation that could add momentum to the rally. While there is strong buying interest from institutions like Microstrategy, Blackrock and others, it is yet to be reflected in BTC’s price movement. Currently, Bitcoin faces immediate resistance at $92,900, while support has strengthened at $89,200.”

CoinSwitch Markets Desk noted, “After an impressive surge last week, Bitcoin is currently consolidating within the $89K–$92K range, with each minor dip being quickly bought up. This reflects strong bullish momentum, although some market watchers anticipate a potential pullback to the $85K–$87K region. Bitcoin has not seen a significant retracement since its leg-up following Trump’s victory, and historically, the asset has been known to move as much as 50% higher without much of a correction after setting new all-time highs.”

Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin futures and margin markets on Nov. 18 showed strong bullish momentum, as the annualized two-month futures premium spiked to 17%, breaching the neutral threshold of 5%-10%. This is the highest level of such optimism since March, meaning that the trader are optimistic, ignoring volatility. High premiums suggest that traders expect significant price gains in the near term. The insensitivity of the sustained demand for leveraged BTC futures has shown minor effects from the retest of the $89,410 level.” 

Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “After reaching the $93,265 ATH, Bitcoin is consolidating between $87,000 and $93,000 with a potential drop to $85,000 or $78,800 if support fails. RSI at 74 signals overbought and warns against adding long positions. A close above $92,625 could push BTC towards $100,000. Ethereum Faces Critical $3,000 Support; a close below risks a drop to $2,799. RSI at 61 shows bearish momentum. A break of the $3,454 resistance could lift ETH to $4,000. Ripple is up 62.5% but needs to close above $1.13 to extend gains to $1.372. RSI at 85 warns of pullback risks. If it fails, XRP may retest $1.00.”

Shivam Thakral, CEO of BuyUcoin, said, “In the past day, Bitcoin has established its strength by trading at about $91,427, stabilizing at the $91,000 level. MicroStrategy’s strategic acquisition of 51,780 BTC has undeniably increased investor confidence and led to strong buying demand. Along with this XRP surged by 4% following a rally over the weekend that boosted the token to its highest level in three years. The perspective is positive, with a significant possibility for reaching new record highs, particularly as institutional investors start to accept spot Bitcoin ETF inflows.  The market is positioned for strong expansion.” 

Subscribe And Follow ABP Live On Telegram: t.me/officialabplive

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.



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